Robert Philips
Robert Philips
biggest hindrance oil parcel pessimism remain underlying
The underlying fundamentals remain decent, but the pessimism is getting higher. The biggest hindrance right now is oil prices, part and parcel with Iraq.
iraq market resolution
The market is technically oversold, so you could see a short-term bounce, but without a resolution to the Iraq question, you're not going to see anything substantial.
fear market response seeing
The market has been oversold with all the fear. So partly, you're seeing a response to that,